The Global Market for Multi-Core Processors is Projected to Reach US$116.3 Billion by 2020

Escalating Computing & Performance Requirements to Drive the Global Market for Multi-Core Processors, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Multi-Core Processors. The global market for Multi-Core Processors is projected to reach US$116.3 billion by 2020, driven by rising demand for faster computing speeds, and spiraling sales of portable computing devices.

Multi-core processing is a CPU architecture wherein two or more processors are integrated onto a single integrated circuit. Multi-core architectures are gaining prominence in the semiconductor and electronics industries, with new smartphones featuring dual, triple, quad, and octa core processors. With consumers and businesses demanding enhanced computing performance from their devices, semiconductor companies are migrating to multi-core processors as an alternative to single core processing systems. A key factor driving smartphone processing speeds is the evolution of smartphones into personal organizers, music players, game consoles, video players, and web browsers. The resulting need for superior image and data processing is driving adoption of multi-core processors. The transition of chip designs to multi-core processing architectures has facilitated considerable improvements in product performance, while simultaneously cutting down cost of production. Multi-core technology is particularly useful when dealing with demanding tasks and applications such as 3D gaming, video editing and encoding. Multi-core technology’s ability to bring about incremental improvements in power and speed of processing for a range of applications and services, while also offering advanced management and control capabilities constitutes a key factor fuelling its adoption in various end-use verticals.

Key end-use sectors poised to generate strong demand for multi-core processors include consumer electronics, transportation, automotive, industrial, medical, and communications. Escalating demand for faster video, audio, image processing, proliferation of connected devices, and enterprise shift towards cloud computing are key factors stimulating demand for multi-core processor chips. In the coming years, industrial automation, healthcare, automotive and energy sectors are expected to generate significant demand for multi-core processors. While the use of multi-core processor aids significantly in improving performance of a device, the extent of such improvements depends on the type of software algorithm used and its implementation.

As stated by the new market research report on Multi-Core Processors, Asia-Pacific represents the largest market, worldwide. The region, along with other developing economies in Latin America and the Middle East, are spearheading growth in the global market. Rapid industrialization, infrastructure development, and Digital Darwinism in virtually all industries, offer ample opportunities for semiconductor companies. Booming economies, urbanization, growing employment opportunities, and rising spending power among the huge middle class population are driving demand for a range of electronic devices in Asia. Increased production of electronic devices in response to this growing consumer demand is in turn providing a major fillip to electronic components manufacturing and semiconductor industry in the region. Led by China, Asia-Pacific is poised to record the fastest CAGR of 16.6% over the analysis period.

Major players covered in the report include Advanced Micro Devices Inc., Applied Micro Circuits Corporation, ARM Limited, Broadcom Corporation, Cavium Inc., EZchip Semiconductor Ltd., Freescale Semiconductor Inc., Intel Corporation, Marvell Technology Group Ltd., MediaTek Inc., Qualcomm Incorporated, Samsung Electronics Co. Ltd., and Texas Instruments Inc., among others.

The research report titled “Multi-Core Processors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies.  The report provides market estimates and projections in US$ Million for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, South Korea, Taiwan, and Rest of Asia-Pacific), and Rest of World.

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